연구정보
[경제] How Does Inflation in Advanced Economies Affect Emerging Market Bond Yields? Empirical Evidence from Two Channels
동남아시아 일반 국외연구자료 연구보고서 - Asian Development Bank 발간일 : 2023-09-29 등록일 : 2023-09-30 원문링크
Results reveal two key findings. First, advanced economy inflation has a significant effect on emerging market bond yields. Second, the short-run effect of advanced economy inflation on the bond yields of emerging markets is asymmetric between the expansion and contraction regimes. The effect is mostly positive in both regimes but stronger in a bond yield’s contraction regime.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
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